Quadrant’s eQUAD bootstraps further liquidity with Decentralized Finance
During the past few months and despite the ongoing pandemic, Quadrant has launched innovative initiatives which have led to notable growth of partners and ecosystem. This accelerated growth has accelerated demand from our partners and for the future of our utility token, “eQUAD”, which powers the Quadrant Protocol. In order to improve the accessibility and utility of the eQuad token, we have launched decentralized liquidity pools and listed eQuad on new decentralized exchanges for easy access and improved name recognition.
While we prepare for our next major product launch dates, we are aiming to continue to increase the liquidity for our token to make it a more tradeable asset for our current and incoming community members. This will ultimately make eQUAD more easily obtainable for use with our comprehensive product suite and innovative line of services. It will also give expanded options to those earning eQUAD in the ecosystem to exchange tokens for other services. The liquidity of these assets will grow as our community continues to attract both investors and network users.
We are currently on schedule to release our updated roadmap and will reach one important milestone date in the upcoming weeks.
eQUAD Available on Uniswap
Today, we are excited to announce that the eQUAD token has already been listed on the automated exchange protocol Uniswap. This provides instant increased liquidity for our existing token holders and increased access for future token holders. With more liquidity and a healthier order book on one of the fastest-rising exchanges, we are confident that this addition will help grow our community and entrench our project at the forefront of the next sector-wide push towards innovation and access. Similarly, this is critical for the numerous micropayments to data producers that we will enable over the period of the next few months, allowing easy conversions to stablecoins and other assets.
You can find the eQUAD token contract here: https://uniswap.info/token/0xc28e931814725bbeb9e670676fabbcb694fe7df2
You can now swap eQUAD for ETH or any other ERC-20 token on the Uniswap exchange. Additionally, you can contribute to a liquidity pool with equal values of eQUAD and your chosen ERC-20 token, earning yourself a 0.3% liquidity provider fee.
According to Poolys.FYI, a Decentralized Pool discovery aggregator which has listed statistics about the pool, there exists already $14,643 worth of eQuad & ETH liquidity. Already, other decentralized exchanges or aggregators have listed eQUAD with 100s of pairs, including stablecoins.
eQuad on 1inchExchange
1inch.exchange is a user-friendly DEX Aggregator with the best prices on the market. They are able to achieve the best rates by splitting orders among multiple DEXes in one single transaction.
With 1InchExchange, you don’t ever have to deposit tokens to a centralized exchange or make orders and withdraw tokens back to your wallet — all necessary actions will be performed in a single transaction right from your Ethereum wallet.
What’s even more fascinating for 1InchExchange is that it tracks liquidity from numerous sources so you will end up with the best available opportunity available at the market.
1Inch Exchange, is only one year old and transacts half a billion USD trading volume daily, which is fascinating and impressive! We are happy to have established a presence on their exchange.
Introduction to 1inch: https://twitter.com/1inchExchange/status/1276477537628102659
eQuad on Bamboo Relay
Bamboo Relay is an ERC20 relayer built upon the 0x protocol that implements the open order book matching model. Among others, it includes the ability to trade any ERC20 compatible token directly from your Ledger Wallet. You can buy eQuad with any of the shown wallets on BambooRelay now!
What’s next?
Quadrant Protocol believes that crypto payments in a decentralized manner is the way of the future in blockchain communities. With listings on Kyber, Uniswap, 1Inch Exchange, and Bamboo Relay, users of eQUAD will be able to get instant access to our token which enables instant access to our ecosystem.
Quadrant team looks to continue to expand liquidity offerings to build the foundation of future products to come into the market. As we release new tools that will require individuals to own eQuad to access data sources or distribute micropayments to data producers, the need for instant decentralized swaps will continue to grow! Stayed for more things to come!
Join the discussion in our official Telegram community! https://t.me/quadrantprotocol
